Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy

June 24, 2019 admin Business News Comments Off on Eldorado Resorts takes on bigger rivals with $8.5 billion Caesars buy

U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts.

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Source:: Reuters – Business News